Free Tool
Reverse Mortgage Calculator
Get a quick estimate of what you might receive from a HECM — instantly, with no personal information required. No email or phone number needed to see your numbers. Takes about 60 seconds.
Looking for the AARP reverse mortgage calculator? Calculators like AARP's are a helpful starting point — this one shows your estimate on the spot, with nothing to fill in first. When you want a precise figure for your situation, you can optionally request a personalized report.
If married, enter the age of the younger spouse.
Your best estimate is fine — we'll refine it later.
How this calculator works
Your HECM proceeds depend on three main factors: your age (older borrowers can access more), your home's value, and current interest rates.
This calculator uses Principal Limit Factors published by FHA to estimate what percentage of your home's value you can access. It then subtracts estimated closing costs and any existing mortgage balance.
The result is a ballpark estimate — your actual numbers may be higher or lower depending on current rates and your specific situation.
What affects your estimate
Prefer to talk through the numbers?
I can run a detailed scenario with current rates and your county's exact FHA limits.
Schedule a Free ConsultationHave a low-rate first mortgage you want to keep?
A HECM replaces your current mortgage. The HomeSafe Second doesn't — it adds a second-lien reverse mortgage behind it, so you keep your rate. Estimate your numbers for that path instead.
HomeSafe Second Calculator →Buying a new home instead?
Use our HECM for Purchase calculator to estimate the down payment needed to buy a home with no monthly payments.
Purchase Calculator →